Federal Investigation Agency (FIA) just found Rs 8 billion in a bank account of a man from Karachi who had no idea about it. While investigating a Rs 35 billion money laundering case, FBR came across Adnan Javed’s account. Rs 8 billion was placed in Adnan’s account and he had no knowledge of it as per FBR.
Adnan opened three accounts by depositing Rs 5000 in 2016. The title account name was Lucky International. He never checked his account balance and when FBR asked him about Rs 8 billion, he was just genuinely shocked.
The statements of Javed regarding this matter were recorded with the FIA in Karachi and Islamabad. DG FIA also asked him about the balance in his bank accounts. Then Adnan recorded his statements at Supreme Court.
DG Bashir Memon asked Adnan how did he acquire Rs 8 billion. What was the source of the money? To which Adnan replied that he had no idea about the money deposit in his account. He claimed that he is not the owner of the money. Neither did he check his account balance till now.
32 people are being investigated by FIA in reference to a money laundering case and fake bank accounts. State Bank of Pakistan found a ‘suspicious transaction report’ back in January relating to 10 bank account. That led to this investigation by FBR. As per the sources back in 2013, 2014, and 2015 20 ‘Benami’ accounts were opened. Money that was acquired through illegal means, bribes, and commissions were kept on those accounts.
It is alarming that huge amount of transactions were made yet the bank officials never reported it nor found it odd. Also opening an account but not checking its balance is possible but it is weird. FBR needs to fully investigate this matter and find the people responsible.